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Adani Group to invest over $88b in Rajasthan state

2024-12-10 00:00:00

NEW DELHI, Dec 09 (Reuters): Indian conglomerate Adani Group will invest over 7.5 trillion rupees ($88.53 billion) in various sectors such as renewable energy and cement in the northwestern state of Rajasthan, Karan Adani, managing director of Adani Ports, said...

Central Bank of Egypt sells $1b treasury bills as yields hit record highs

2024-12-10 00:00:00

RIYADH, Dec 09 (Arab News): The Central Bank of Egypt sold three-month treasury bills worth 52.75 billion Egyptian pounds ($1.03 billion) in its latest auction on Dec. 8.According to data from the institution, this amount exceeded the targeted collection of...

Domino's Pizza eyes digital growth with new franchise deal

2024-12-10 00:00:00

LONDON, Dec 09 (Reuters): The UK's Domino's Pizza Group (DPG) has reached a new five-year agreement with its franchise partners, it said on Monday, as the fast-food chain looks to expand its store network and increase investment in its digital...

Americans face challenges as health insurance costs rise and delays mount

2024-12-10 00:00:00

NEW YORK, Dec 09 (Reuters): Jen Watson, a 41-year-old mother in Federal Way, Washington, has worked for years with her doctor to find the right medications to deal with her multiple chronic illnesses, which include epilepsy and fibromyalgia.Her doctor had...

Bankruptcies of Japan set to hit 11-year high in 2024

2024-12-10 00:00:00

TOKYO, Dec 09 (Reuters): Japan's bankruptcy filings this year are set to surpass 10,000 and hit the highest since 2013, private-sector data by Tokyo Shoko Research (TSR) showed on Monday, ahead of a closely watched central bank meeting next week.In...

India antitrust body seeks SC hearing to expedite Amazon, Flipkart cases

2024-12-10 00:00:00

NEW DELHI, Dec 09 (Reuters): India's antitrust body has asked the Supreme Court to hear legal challenges to an investigation of Amazon and Walmart's Flipkart e-commerce platforms, saying those challenges, filed by Samsung, Vivo and others at Indian high courts,...

Trump's Musk-led efficiency drive may spur defence-tech partnerships

2024-12-10 00:00:00

CALIFORNIA, Dec 09 (Reuters): President-elect Donald Trump's planned US government efficiency drive involving Elon Musk could lead to more joint projects between big defence contractors and smaller tech firms in areas such as artificial intelligence, drones and uncrewed submarines, according...

COMMUNITY BANK HOLDS AML & CFT CONFERENCE

2024-12-10 00:00:00

Community Bank Bangladesh PLC organised 'Anti-Money Laundering & Combating Terrorist Financing Conference 2024' at the bank's Head Office in Dhaka recently. The bank's Managing Director (Current Charge) Mohammad Abdul Qaium Khan presided over the conference. Shamsul Haque Sufyani, CAMELCO &...

Citizens Bank holds Annual Risk Conference

2024-12-10 00:00:00

Citizens Bank PLC arranged 'Annual Risk Conference-2024' at its head office at Motijheel in Dhaka recently. Mohammad Masoom, Managing Director & CEO of the bank, presided over the conference attended by divisional heads, branch managers and other officials of the...

National VAT Day ads launched to raise awareness

2024-12-10 00:00:00

On the occasion of National VAT Day 2024, a series of public awareness advertisements have been launched to emphasise the importance of value-added tax (VAT).The advertisements, created by advertising agency Outbox Limited, is centred around the theme "Apnake Manay Na",...

Chinese premier warns world financial leaders of 'deglobalisation' risks

2024-12-10 00:00:00

BEIJING, Dec 09 (AFP): China's number two leader warned on Monday that "deglobalisation" was putting further strain on the world economy, as he welcomed the heads of multilateral financial institutions to Beijing.Premier Li Qiang made the remarks in his opening...

Siraj, Head punished over heated exchange in 2nd Test

2024-12-10 00:00:00

ADELAIDE, Australia, Dec 09 (AFP): India fast bowler Mohammed Siraj and Australia batsman Travis Head were both charged with misconduct Monday following a fiery exchange that took place during the second Test in Adelaide. Siraj was fined 20 percent of...

Mbappe reaffirms his commitment to France after missing recent games

2024-12-10 00:00:00

Kylian Mbappe said he remained committed to the French national team despite not being called up for recent games, and that he respected the decisions made by coach Didier Deschamps, reports Reuters."The French team has always been the highest rank...

Bangladesh, India in same group of AFC Asian Cup qualifiers

2024-12-10 00:00:00

Bangladesh were drawn against India, Hong Kong and Singapore in Group C of the AFC Asian Cup Saudi Arabia 2027 qualifiers, reports BSS.The draw ceremony, which saw 24 teams-- split into six groups, was held at AFC House in Kuala...

Tigers take on West Indies in 'must win' match today

2024-12-10 00:00:00

Bangladesh will take on West Indies in the second match today (Monday) at Warner Park in Sti Kitts in a bid to level the three-match ODI series. The match will start at 7.30pm (Bangladesh Time), reports BSS.The Tigers, as it...

South Africa overpower Sri Lanka to sweep Test series

2024-12-10 00:00:00

GQEBERHA, South Africa, Dec 09 (AFP): South African captain Temba Bavuma said his team's 109-run win in the second Test against Sri Lanka at St George's Park on Monday was a big step forward for a largely inexperienced group of...

Girona need 'magic' to beat Liverpool

2024-12-10 00:00:00

GIRONA, Spain, Dec 09 (AFP): Girona coach Michel Sanchez said his team needs "magic" from fans at their tiny Montilivi stadium to overcome English giants Liverpool in the Champions League on Tuesday.The Catalan minnows, competing in the competition for the...

Ireland Women clean sweep Tigresses in T20I series

2024-12-10 00:00:00

Ireland Women edged Bangladesh Women by four wickets in the final T20I of the series, securing a 3-0 series sweep with a dramatic last-over victory in Sylhet on Monday, reports UNB.Chasing 124 for victory, Ireland needed 15 runs off the...

Youth startups and their impacts

2024-12-10 00:00:00

Youth startups are transforming Bangladesh by driving economic growth and creating employment opportunities. With a population dominated by young people, Bangladesh is seeing an increase in entrepreneurial ventures led by ambitious youth focusing on sectors like technology, e-commerce, agriculture, and...

Need for a global English TV network

2024-12-10 00:00:00

In the contemporary landscape characterised by swift information dissemination, the narrative of a nation plays a pivotal role in defining its global presence. For Bangladesh, establishing a global English television network is crucial not only for showcasing its accomplishments but...

Dramatic turn of events in Syria

Syed Fattahul Alin | 2024-12-10 00:00:00

More than half a century long dynastic rule of Syria by the Assad family is over with the rebels taking control of Damascus on Sunday (December 8). The fate of Bashar al-Assad, who succeeded his father Hafez al-Assad as the...

Fresh approach needed for measuring inflation

Syed Abul Basher | 2024-12-10 00:00:00

The Bangladesh Bureau of Statistics (BBS) recently announced plans to introduce a new inflation calculation method within six months. This new method known as "core inflation" measure will track price changes of just 50 widely consumed products, running parallel to...

Missing minor boy found dead in Sunamganj

2024-12-10 00:00:00

SUNAMGANJ, Dec 09 (BSS): Police recovered the body of a minor boy from Kusiura village under Dowarabazar upazila of the district on Monday, three days after he went missing.The victim, Ibrahim Khalilullah, 7, son of Edris Ali, was a resident...

Mother with baby jumps in front of train in Gazipur; both dead

2024-12-10 00:00:00

GAZIPUR, Dec 10 (UNB): A woman and her eight-month-old baby died as the mother with the child on lap jumped in front of a moving train on Dhaka-Mymensingh route at Satkhamair in Sreepur upazila of Gazipur district on Monday.The identities...

Sylhet eco-park left uncared for

OUR CORRESPONDENT | 2024-12-10 00:00:00

SYLHET, Dec 09: Sylhet eco-park, which was set up by the forest department in Tilagarh area of the city, has been left abandoned since after the fall of the Awami League government on August 05.The park's operator, a former influential...

Potato farmers fear a profit shortfall in Chandpur

OUR CORRESPONDENT | 2024-12-10 00:00:00

CHANDPUR, Dec 09: Contrary to the last year's achievement, farmers in Chandpur district are most unlikely to make a substantial profit from potato production this season for various reasons. The growers are this time skeptical about a high profit margin...

India questions Musk's Starlink in $4.2b drug smuggling case

2024-12-10 00:00:00

BENGALURU, Dec 9 (Reuters): Indian police have sent a legal demand to Elon Musk's Starlink seeking details of who purchased its internet device that helps in sea navigation when smugglers with $4.2 billion worth of meth were caught in the...

MODHUMOTI BANK HOLDS MEETING AS SWIFT MEMBER OF BANGLADESH

2024-12-10 00:00:00

Modhumoti Bank recently held the 16th executive committee (EC) meeting and 12th technical committee (TC) meeting of Swift Member & User Group of Bangladesh (SMUGB) at the bank's head office. Md. Shafiul Azam, managing director of the bank, presided over...

SOUTHEAST BANK EXTENDS FINANCIAL SUPPORT TO FARMERS

2024-12-10 00:00:00

Southeast Bank recently provided financial support to farmers from its corporate social responsibility (CSR) fund. Nuruddin Md. Sadeque Hossain, managing director of the bank, handed over a cheque to grassroots farmers at the bank's head office. Md. Hasib Hossain, founder...

Sonali Aansh inflated revenue, assets: Auditor

FE REPORT | 2024-12-10 00:00:00

The auditor of Sonali Aansh Industries identified inflated assets, sales revenue and inventories in the FY24 financial statements of the company.In a qualified opinion published on the Dhaka Stock Exchange's (DSE) website on Monday, it said a revaluation of assets...